Rishi is a managing director in the Alternative Asset Advisory group and is based in Mumbai. He is responsible for overseeing Portfolio Valuations and Secondary Market Advisory in India. 

Rishi has over 17 years of financial advisory experience, both on the consulting and client side. His clients primarily include alternative asset managers, including private equity funds, hedge funds and credit funds across India, Asia, the Americas and Europe. Rishi specializes in mark-to-market valuations across diverse portfolios of illiquid and privately-held securities including loans, bonds, convertibles, preferred equity, equity, and derivatives under the guidelines of IFRS 13, ASC§820 or the equivalent local GAAP standard.

Rishi returned to Duff & Phelps in 2015 through the firm’s acquisition of American Appraisal. Prior to joining American Appraisal, Rishi provided Apollo Global Management, then a $160bn investment firm, a range of internal advisory services for its Credit funds domiciled in the United States, India and Singapore.

Prior to this stint, Rishi worked with the Avista Houlihan Lokey partnership in India, and Duff & Phelps in the New York office where he advised Board of Directors, CFOs and Controllers on a variety of valuations of businesses and assets for transaction, financial reporting and tax purposes across a broad spectrum of industries.

Rishi has been a speaker on valuation-related topics at universities such as Harvard University, forums organized by the Indian Private Equity & Venture Capital Association (IVCA), CAIA Association, VCCircle, the International Valuation Standards Council (IVSC) and ASSOCHAM. He is also a contributing author to journals such as the IVCA semi-annual publication, and the VCCircle platform.

Rishi received his Bachelor’s degree in Finance and International Business from the Leonard N. Stern School of Business, New York University. Rishi has passed the FINRA Series 7 exam, is a RICS member and CFA charter holder.

In 2019, Rishi was selected for the “40 under 40” award by the AIWMI. Under his tutelage, Duff & Phelps was awarded the ‘Alternative Asset Advisory Firm of the Year in India’ in 2020 by Global Advisory Experts.

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Other Areas We Can Help

Valuation Services

Objective valuations for financial reporting, tax and management planning purposes.

Valuation Services

Alternative Asset Advisory

Provides an array of consulting services to alternative investment managers and investors.

Alternative Asset Advisory

Portfolio Valuation

Alternative investment valuation for private equity and hedge funds.

Portfolio Valuation

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